Hydrofarm Holdings Group's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Hydrofarm Holdings Group (NASDAQ:HYFM) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $-0.19. Despite past earnings misses, the company's stock price has shown volatility post-earnings announcements. Shares are currently trading at $0.87, reflecting a 44.28% decline over the last year. Investors are keen on the upcoming guidance for future growth.
February 28, 2024 | 6:01 pm
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NEUTRAL IMPACT
Hydrofarm Holdings Group is expected to report an EPS of $-0.19 for the latest quarter. Historical data shows stock price volatility post-earnings, with a significant decline of 44.28% over the last year.
Given HYFM's history of post-earnings price volatility and the significant year-to-date decline, the upcoming earnings report and particularly the future guidance will be crucial for short-term price movement. However, the mixed historical reaction to earnings results (with both increases and decreases in stock price) suggests a neutral short-term impact score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100